Principio Furnace Foundation Inc

Perryville, MD
Tax-exempt since Sept. 2001
EIN: 52-2325524

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Type of Nonprofit

Designated as a 501(c)(3) Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Philanthropy, Voluntarism and Grantmaking Foundations / Private Operating Foundations (NTEE)

Donations to this organization are tax deductible.

Revenue

$123k (2024)

Expenses

$134k (2024)

Total Assets

$230k (2024)

Total Liabilities

$1.47k (2024)

Source: Form 990 tax filings from 2011 to 2024

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending March
2024

Revenue

$123,015

Expenses

$133,667

Net Income

-$10,652

Net Assets

$228,160

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$123,015	100%
Interest Revenue	$0
Dividends	$0
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$133,667	100%
Compensation of Officers*	$38,400	28.7%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$229,631
Total Liabilities	$1,471
Net Assets	$228,160

Compensation

Key Employees and Officers	Compensation	Other
Sarah Warrington Colenda (Secretary)	$38,400	$0
Gary A Stewart Jr (President)	$0	$0
Jeremy Lynch (Treasurer)	$0	$0

990-PF

Filed on Nov. 22, 2024

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending March
2023

Revenue

$190,824

Expenses

$172,644

Net Income

$18,180

Net Assets

$238,812

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$190,824	100%
Interest Revenue	$0
Dividends	$0
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$172,644	100%
Compensation of Officers*	$35,450	20.5%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$238,954
Total Liabilities	$142
Net Assets	$238,812

Compensation

Key Employees and Officers	Compensation	Other
Sarah Warrington Colenda (Secretary)	$35,450	$0
Gary A Stewart Jr (President)	$0	$0
Jeremy Lynch (Treasurer)	$0	$0

990-PF

Filed on Aug. 7, 2023

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending March
2022

Revenue

$152,929

Expenses

$153,714

Net Income

-$785

Net Assets

$220,632

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$152,929	100%
Interest Revenue	$0
Dividends	$0
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$153,714	100%
Compensation of Officers*	$31,200	20.3%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$220,632
Total Liabilities	$0
Net Assets	$220,632

Compensation

Key Employees and Officers	Compensation	Other
Sarah Warrington Colenda (Secretary)	$31,200	$0
Gary A Stewart Jr (President)	$0	$0
Jeremy Lynch (Treasurer)	$0	$0

990-PF

Filed on Aug. 15, 2022

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending March
2021

Revenue

$91,823

Expenses

$91,554

Net Income

$269

Net Assets

$221,416

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$91,823	100%
Interest Revenue	$0
Dividends	$0
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$91,554	100%
Compensation of Officers*	$31,200	34.1%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$221,417
Total Liabilities	$1
Net Assets	$221,416

Compensation

Key Employees and Officers	Compensation	Other
Sarah Warrington Colenda (Secretary)	$31,200	$0
Gary A Stewart Jr (President)	$0	$0
Jeremy Lynch (Treasurer)	$0	$0

990-PF

Filed on June 25, 2021

Primary tax return for a private foundation's activities, finances, and governance

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XML

Fiscal Year Ending March
2020

Revenue

$87,837

Expenses

$87,442

Net Income

$395

Net Assets

$221,147

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$87,837	100%
Interest Revenue	$0
Dividends	$0
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$87,442	100%
Compensation of Officers*	$32,050	36.7%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$221,148
Total Liabilities	$1
Net Assets	$221,147

Compensation

Key Employees and Officers	Compensation	Other
Sarah Warrington Colenda (Secretary)	$32,050	$0
Gary A Stewart Jr (President)	$0	$0
Mark Harrold Till 13120 (Treasurer)	$0	$0
Jeremy Lynch Start 2120 (Treasurer)	$0	$0

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990-PF

Filed on June 11, 2020

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending March
2019

Revenue

$96,421

Expenses

$97,963

Net Income

-$1,542

Net Assets

$220,753

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$96,121	99.7%
Interest Revenue	$0
Dividends	$0
Sales of Assets	$0
Other Income	$300	0.3%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$97,963	100%
Compensation of Officers*	$31,200	31.8%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$221,918
Total Liabilities	$1,165
Net Assets	$220,753

Compensation

Key Employees and Officers	Compensation	Other
Sarah Warrington Colenda (Secretary)	$31,200	$0
Gary A Stewart Jr (President)	$0	$0
Mark Harrold (Treasurer)	$0	$0

990-PF

Filed on Sept. 4, 2019

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending March
2018

Revenue

$29,155

Expenses

$26,803

Net Income

$2,352

Net Assets

$222,295

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$29,155	100%
Interest Revenue	$0
Dividends	$0
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$24,197	90.3%
Compensation of Officers*	$7,800	29.1%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$223,598
Total Liabilities	$1,303
Net Assets	$222,295

Compensation

Key Employees and Officers	Compensation	Other
Sarah Warrington Colenda (Secretary)	$7,800	$0
Gary A Stewart Jr (President)	$0	$0
Mark Harrold (Treasurer)	$0	$0

990-PF

Filed on Aug. 6, 2018

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending March
2017

Revenue

$15,000

Expenses

$15,580

Net Income

-$580

Net Assets

$219,943

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$15,000	100%
Interest Revenue	$0
Dividends	$0
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$14,700	94.4%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$219,943
Total Liabilities	$0
Net Assets	$219,943

Compensation

Key Employees and Officers	Compensation	Other
Gary A Stewart Jr (President)	$0	$0
Mark Harrold (Treasurer)	$0	$0
Sarah Warrington Colenda (Secretary)	$0	$0

990-PF

Filed on July 10, 2017

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending March
2016

Revenue

$36,000

Expenses

$36,273

Net Income

-$273

Net Assets

$220,523

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$36,000	100%
Interest Revenue	$0
Dividends	$0
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$35,504	97.9%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$220,582
Total Liabilities	$59
Net Assets	$220,523

Compensation

Key Employees and Officers	Compensation	Other
Sarah Warrington Colenda (Secretary)	$0	$0
Gary A Stewart Jr (President)	$0	$0
Mark Harrold (Treasurer)	$0	$0

990-PF

Filed on Aug. 10, 2016

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending March
2015

Revenue

$16,000

Expenses

$18,203

Net Income

-$2,203

Net Assets

$220,796

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$16,000	100%
Interest Revenue	$0
Dividends	$0
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$14,750	81.0%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$220,855
Total Liabilities	$59
Net Assets	$220,796

Compensation

Key Employees and Officers	Compensation	Other
Sarah Warrington Colenda (Secretary)	$0	$0
Gary A Stewart Jr (President)	$0	$0
Mark Harrold (Treasurer)	$0	$0

990-PF

Filed on Sept. 8, 2015

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending March
2014

Revenue

$12,000

Expenses

$7,115

Net Income

$4,885

Net Assets

$223,952

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$12,000	100%
Interest Revenue	$0
Dividends	$0
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$6,250	87.8%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$224,011
Total Liabilities	$59
Net Assets	$223,952

Compensation

Key Employees and Officers	Compensation	Other
Sarah Warrington Colenda (Secretary)	$0	$0
Gary A Stewart Jr (President)	$0	$0
Mark Harrold (Treasurer)	$0	$0

990-PF

Filed on Sept. 15, 2014

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending March
2013

Revenue

$13,150

Expenses

$15,430

Net Income

-$2,280

Net Assets

$223,436

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$13,150	100%
Interest Revenue	$0
Dividends	$0
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$15,430	100%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$228,457
Total Liabilities	$5,021
Net Assets	$223,436

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending March
2012

Revenue

$46,250

Expenses

$46,250

Net Income

Net Assets

$225,716

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$46,250	100%
Interest Revenue	$0
Dividends	$0
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$46,250	100%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$230,737
Total Liabilities	$5,021
Net Assets	$225,716

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending March
2011

Revenue

Expenses

Net Income

Net Assets

$225,716

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$0
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$0
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$230,737
Total Liabilities	$5,021
Net Assets	$225,716

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

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Principio Furnace Foundation Inc

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $123k (2024)

Expenses $134k (2024)

Total Assets $230k (2024)

Total Liabilities $1.47k (2024)

Tax Filings by Year

Fiscal Year Ending March 2024

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending March 2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending March 2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending March 2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending March 2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending March 2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending March 2018

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending March 2017

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending March 2016

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending March 2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending March 2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending March 2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Revenue

$123k (2024)

Expenses

$134k (2024)

Total Assets

$230k (2024)

Total Liabilities

$1.47k (2024)

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2024

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2023

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2021

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2016

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2015

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2014

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2013

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2012

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2011

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2009

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